LPD 0.00% 0.3¢ lepidico ltd

Sorry mate you must have some confusion regarding my former...

  1. 65 Posts.
    lightbulb Created with Sketch. 133

    Sorry mate you must have some confusion regarding my former comment. I wasn't referring to Lithium Fundamental news in no way shape or form. merely looking at price from a MACRO pov.

    https://hotcopper.com.au/data/attachments/3727/3727277-e4779afc579876b75468aa22b342fe2c.jpg

    Worth noting that SP on the Daily TF may run into Resistance Zone between 0.03-0.032 which has identified target alignment of current and former Trend Based Fib Extension levels 0.618, 0.786 & 1.0 and is a former Equilibrium Level which formed back in JAN 2021.

    RSI is yet to breach into Overbought territory and MACD is indicating new strength with widening of the EMAs and depicted on the Histogram in Dark Green.

    If management were to release company related fundamental news on the back of Bullish sector news (which IMO would be a masterstroke) then we could break through and test former highs.

    Time will tell.

    "DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."


 
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